Maha Energy (US) Inc. entered into an agreement to acquire Certain Onshore Producing Properties in the Illinois Basin, USA from Dome Energy AB (publ) (OM:DOME) for $7.3 million on March 31, 2020. The purchase price amounts to a cash consideration of $4 million, subject to working capital adjustments, and the assumption of $ 0.25 million in current liabilities. Maha Energy will also pay a future contingent amount of $3 million, if the assets production stabilizes above 1200 BOPD, and the price of WTI oil stays above $55 per barrel for a certain period of time. Setterwalls Advokatbyrå AB acted as legal advisor to Maha Energy AB (publ), the holding company of Maha Energy (US). Maha Energy (US) Inc. completed the acquisition of Certain Onshore Producing Properties in the Illinois Basin, USA from Dome Energy AB (publ) (OM:DOME) on March 31, 2020.